ISLAMABAD: The Netherlands has reaffirmed its commitment to expand trade and investment ties with Pakistan. Newly appointed Ambassador Robert–Jan Siegert expressed strong interest in key sectors, including agriculture, IT, and textiles. The envoy noted that around 50 Dutch companies already operate in Pakistan. He emphasized exploring further opportunities in sectors where the Netherlands has global expertise.
During a meeting with Finance Minister Muhammad Aurangzeb at the Finance Division, Siegert highlighted the potential role of FMO, the Dutch development finance institution, in supporting future investments. He also appreciated Pakistan’s engagement on GSP+ matters, stressing the importance of human rights and labour standards. The ambassador reaffirmed his country’s intent to remain constructively engaged as the new GSP+ cycle approaches.
Read more: Pakistan, Netherlands discuss human rights, bilateral cooperation
Minister Aurangzeb welcomed the envoy and acknowledged the historic ties between Pakistan and the Netherlands. He outlined Pakistan’s recent macroeconomic progress, including strengthened economic fundamentals and upgrades from global rating agencies. The minister emphasized Pakistan’s shift from consumption-led growth to investment- and export-led growth.
Aurangzeb briefed the Dutch official on reforms under the IMF programme. He highlighted tax reforms, energy sector stabilization, improved governance in State-Owned Enterprises, and ongoing privatization efforts. The finance minister said these measures aim to restore investor confidence and create a favorable environment for private sector investment.
Read more: Pakistan and Turkey Sign Major Offshore Energy Deal
The government has eased profit repatriation constraints for foreign investors, making the process routine. Aurangzeb concluded by emphasizing Pakistan’s commitment to structural reforms and creating sustainable growth. The meeting reinforced both countries’ determination to expand trade, investment, and development cooperation.